From Nasdaq: 2024-06-23 05:15:00

1. Amazon has significant room for growth in the e-commerce market, with only 15% of retail sales currently online in the U.S. Revenue from online stores is still a major part of Amazon’s total revenue, with plans to increase efficiency and lower costs to drive profit growth. Wall Street expects a 23% earnings per share growth annually.

2. Shopify benefits from a $4.1 trillion global e-commerce market with room for growth. With revenue from subscriptions and service fees, the company is aiding merchants in growing sales. Shopify has seen growing adoption of Shopify Payments and boasts increasing free cash flow for innovation and future growth potential in the market.



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